Buy-Side Technology/Analysis
Buy-Side Technology Awards 2013: Best Buy-Side Risk/Portfolio Analytics Product—LCH.Clearnet
Given continuing regulatory change around risk and the cost of trading, innovative solutions that can combine the ability to crunch intensive calculations while still maintaining confidence through a list of definitive inputs are like gold dust—hard to…
Buy-Side Technology Awards 2013: Best Buy-Side EMS—Eze Software Group
In April of this year, RealTick LLC was acquired by Eze Software Group from ConvergEx Group. Its flagship product was renamed RealTick EMS. RealTick is a familiar name, having won the BST Award for the best buy-side execution management system (EMS)…
Buy-Side Technology Awards 2013: Winners' Circle—Eze Software Group
Jeff Shoreman, co-president of the Eze business at Eze Software Group, discusses the future of the company’s products, having won the best buy-side EMS and best buy-side OMS categories in this year’s Buy-Side Technology Awards. Interview by James Rundle
Buy-Side Technology Awards 2013: Best Buy-Side OMS—Eze Software Group
It would have been understandable if some buy-side firms had been worried when they heard that Eze OMS and RealTick EMS were being sold from ConvergEx Group to establish their own presence under the Eze Software Group moniker. On the order management…
Buy-Side Technology Awards 2013: Rolling Out the Big Gun
The last two editions of the Buy-Side Technology Awards have had a strong rugby union bias, given that the luncheon falls on the first Friday of November, coinciding with the Autumn Internationals, where the best teams from the southern hemisphere travel…
Disintermediating Trade Credit with Tech─Can It Be Done?
Managing export finance is a fairly archaic sell-side function, and one which can leave small, emerging markets commodities providers exposed. Aztec, a new electronic exchange venue launched in June, believes securitization is the answer as the $16…
State Street Presses Forward with Data Digitization Program
At an event this week in Manhattan, State Street executives discussed their digitization program that is designed to improve the firm's data and analytics services for asset managers.
Survey Suggests Dramatic Drop in BlackBerry Support
BlackBerry is still the dominant mobile technology issued to employees, but the quintessential corporate device is likely to be phased out soon, according to buy-side consultancy Investit’s recent survey of its IT benchmarking members.
Study: Asset Managers Grapple with Effective Data Aggregation, Analytics
In a survey commissioned by State Street and conducted by the Economist Intelligence Unit, buy-side firms indicated that more stringent risk management standards, a growing volume of trading data, and the need to expand into new regions and asset classes…
Tech, Mutual Recognition Scheme Spearhead BBH's Asia Push
After 24 years in Hong Kong, Brown Brothers Harriman (BBH) is gearing up for a potentially game-changing development related to Mainland China. Bill Rosensweig, BBH's director of investor services who formerly headed up its Infomediary platform, says the…
Swift Eyes Further US Penetration by Staying 'Local'
Omgeo's move away from its long-standing Oasys platform to a new central trade matching (CTM) service for non-US trades is still playing out, but SWIFT business development director Paul Taylor says the industry banking utility already created new…
Low Latency Still Sells, Says Microsecond-Breaking Exablaze
Count Australian hardware provider Exablaze among those who believe that the latency race is far from slowing down. The Melbourne-based vendor spun off from high-frequency trading (HFT) firm Zomojo in May with the intention of building high-speed network…
Fortress CTO: Steps to True Enterprise Data Management
Five years ago, New York-based Fortress Investment Group had a tightly coupled enterprise data architecture. Each vendor system had its own data model with no overall integration strategy, necessitating translation and therefore error. A lack of straight…
Blowback from the Rush to BYOD
UBS Global Asset Management has nearly gone through a full bring-your-own-device (BYOD) lifecycle already. It introduced the program almost by accident, after what was supposed to be a limited pilot with a couple of interns. Word spread, employees…
IBOR: Where OMS, Portfolio Analytics, and Fund Accounting Intersect
Buy-Side Technology’s North American Summit last week hosted an inventor. Andrew Meisel, while at Barclays Global Investors, created and coined the term “investment book of record,” or IBOR. The concept has picked up considerable traction in the last…
Lazard CRO: Risk System Useless Unless You Can Absorb the Data
During a panel at the Buy-Side Technology North American Summit, Misys senior risk advisor Bradley Ziff called for a "vast increase" in the types of risk analytics that buy-side firms make available to themselves, pointing to the increased capital in buy…
TowerGroup's Shahrawat: Risk Analytics Slowly Coming to the Fore on the Buy Side
A survey by CEB TowerGroup shows that while 58 percent of buy-side firms consider risk analytics a business-critical element of technology infrastructure, only 17 percent consider it an edge. Senior research director Dushyant Shahrawat, who gave a…
In 2014, CTOs to Balance Expectations, Budgets and Security; Answer BYOD Demand
To close out the CTO panel at the Buy-Side Technology North America Summit, the CTOs were asked to give predictions for 2014. Here’s how they answered.
Vendor Relationships are Changing, Say CTOs
The pace of technology change has increased such that Fidelity Investments is reconsidering the length of its enterprise license agreements (ELAs) with vendors, CTO Mihir Shah revealed during a conversation about vendor relationships at the Buy-Side…
BST North American Summit 2013: Capital Markets Tech Isn't Cool Anymore
“When I started my career, being in the financial services industry was the place to be. What happened?” With those words, Lord Abbett's head of IT operations, Nathan Boylan, summed up a rather raw opening segment to the mobility panel at the Buy-Side…
BST North American Summit 2013 CTO Panel: Tell the Business What You're Building, But Don't Let Them Buy the Drills
How many of you have cluttered garages, Jeff Hurley, CTO at the $188 billion Canada Pension Plan Investment Board, asked the audience at the recent New York-hosted Buy-Side Technology North American Summit.
BST North American Summit 2013: AIG's Mary Kotch on Smaller Footprints, Better Talent
The CTO for AIG IT Americas, who has been leading the firm's tech reorganization and data center consolidation efforts, has seen everything from a new cyber war games initiative to an unexpected presence-via an acquisition-in Amazon's public cloud. Still…
Central Clearing Blurs the Line Between Front and Back Office
The biggest impact that the new centrally-cleared derivatives regime is having on buy-side infrastructure is an organizational one, said Michael O’Brien, director of global trading at Eaton Vance, at the Buy-Side Technology North America Summit.
Tabb's Rowady: System Fragmentation Preventing Data Fluency
The number of factors shaping the future of capital markets technology is overwhelming, according to Tabb analyst Paul Rowady’s remarks at the SAP Financial Services Forum North America.